Big K Pawnshop is your fast
friendly neighborhood location for quick cash and great
deals! Serving the Oklahoma City Metro since 1987 Big K
Pawnshop, Inc. is an Oklahoma owned and operated company
run by lifetime Oklahomans.
LOCATIONS
Click Address for Google Maps
1216 N Council Rd
OKLAHOMA CITY, OK 73127
405-789-3558
Hours 9am to 6pm Monday-Saturday, 12pm-5pm Sunday
330 ELM ST (JUST OFF MAIN STREET)
YUKON, OK 73099
405-350-0770
Hours 9am to 6pm Monday-Saturday
2117 S AIR DEPOT BLVD
MIDWEST CITY, OK 73110
405-869-9422
Hours 8am to 6pm Monday-Friday, Saturday 9am-6pm, 12pm-5pm
Sunday
Oklahoma
Pawn Loan Rates
Pawn
loans in Oklahoma are regulated by the Oklahoma Department
of Consumer Credit and finance charges are governed by the
Oklahoma Pawnshop Act. Pawn loan annual percentage rates in
Oklahoma vary from 36% to 240% depending upon the amount
financed. For example, a pawn loan of $50 would incur a $10
finance charger for a 30 day period. That finance charge
covers your item being stored in a safe secure temperature
controlled building for the time it is in pawn. The statue
is shown below.
A. Except as provided in subsection F of Section
1511 of this
title, no pawnbroker may contract for, charge or receive
any amount as a charge in connection with a pawn
transaction other than a pawn finance charge, and no pawn
finance charge calculated according to the actuarial method
shall exceed an amount equal to twenty percent (20%) of the
amount financed which does not exceed One Hundred Fifty
Dollars ($150.00), financed for one (1) month; fifteen
percent (15%) of that amount financed which is more than
One Hundred Fifty Dollars ($150.00) but does not exceed Two
Hundred Fifty Dollars ($250.00), financed for one (1)
month; ten percent (10%) of that amount financed which is
more than Two Hundred Fifty Dollars ($250.00) but does not
exceed Five Hundred Dollars ($500.00), financed for one (1)
month; and five percent (5%) of that amount financed which
is more than Five Hundred Dollars ($500.00), but does not
exceed One Thousand Dollars ($1,000.00), financed for one
(1) month; three percent (3%) of that amount financed which
is more than One Thousand Dollars ($1,000.00) but does not
exceed Twenty-five Thousand Dollars ($25,000.00), financed
for one (1) month. Provided, however, a minimum pawn
finance charge not to exceed One Dollar ($1.00) may be
charged in lieu of the rates stated herein without regard
to the amount financed. In no case shall the amount
financed exceed Twenty-five Thousand Dollars ($25,000.00).
B. Refinancing of Pawn Transaction. The maturity date of
any pawn transaction may be changed to a subsequent date,
one or more times, by agreement between the customer and
the pawnbroker, evidenced by a writing as for a new
transaction and all disclosures shall be made to the
customer as in the case of a new pawn transaction in
accordance with Section
1501 et seq.
of this title, and in such case the pawnbroker may contract
for and receive a pawn finance charge computed in
accordance with this section as for a new transaction.
C. Limitation on Charges. Except as otherwise expressly
provided for in this act, no pawnbroker may contract for or
receive any amount as a charge in connection with a pawn
transaction.
D. Additional Pawn Finance Charges. Pledged goods not
redeemed by the customer on or before the date fixed as the
maturity date for the transaction in the pawn agreement or
disclosure statement delivered, shall be held by the
pawnbroker for at least thirty (30) days following such
date, and may be redeemed by the customer within such
period by the payment of the originally agreed redemption
price and the payment of an additional pawn finance charge
equal to one-thirtieth (1/30) of the original monthly pawn
finance charge for each day following the original maturity
date including the day on which the pledged goods are
finally redeemed.
E. Refunds. The pawn finance charges authorized in this
section shall be deemed to be earned at the time the pawn
transaction is made and shall not be subject to refund,
except as otherwise provided for in subsection E of
Section
1509 of this
title.
ITEMS WE HAVE FOR SALE ON EBAY RIGHT NOW!